Same thing happened in the UK when the PM at the time [David Cameron] said something vaguely about there possibly being a petrol shortage and that the plebs public might want to make sure they have enough just in case.
Cue panic buying and a petrol shortage as demand shot up for no actual fucking reason in the end beyond the PM being a moron and saying that.
The guy who is literally never right but his predictions are still endorsed?
He needs to pick stocks so I know who to short.
shorts get the bullet too
NFLX, trust me.
This comment is not financial advice. Follow it at your own risk.
I hate to be the ACKSHULLY guide but he did predict the 2008 Great Recession.
But at the same time, anyone with a brain could predict that as well... if you read the Big Short you'd know.
Economics is just self-fulfilling prophecy. Economists: "OMG, we're gonna have a recession!" the herd goes and sells off stock Economists: "SEE?!"
They predict nothing. They issue orders.
Rare that I agree with you, but yes. Exactly this. Just look at the rise and fall of PLTR.
Same thing happened in the UK when the PM at the time [David Cameron] said something vaguely about there possibly being a petrol shortage and that the
plebspublic might want to make sure they have enough just in case.Cue panic buying and a petrol shortage as demand shot up for no actual fucking reason in the end beyond the PM being a moron and saying that.